Description
Book SynopsisWhat is the role of trade to both expedite growth and to provide the transformative innovations needed in our post-Pandemic, post-Brexit, unstable world?
Using historical examples to demonstrate how complex forces interplay into virtuous or vicious cycles of cumulative causation, Simmons and Culkin suggest alternative trade approaches to drive economic growth. Set within the socio-political space defined by a nascent Anglosphere and its implicit nationalism, they map alternative frameworks to embolden entrepreneurs to make the future.
With fresh thinking Covid, Brexit and The Anglosphere equips academics, students, policymakers and general readers with the tools to drive growth in a post-Pandemic post- Brexit fragmenting world order facing rapidly advancing technical change.
Trade ReviewAs a serial entrepreneur this book grasps the complex challenges I face on a daily basis. The two main concepts discussed give valuable insights into the dynamics of launching innovations that drive growth. The Quadruple Innovation Vortex neatly demonstrates the interlocking roles of the state, universities and financial capital working in partnership with entrepreneurs like myself to overcome obstacles and reach the market. The complexity and interrelation of Cumulative Causation reflects the real world the entrepreneur works in where numerous different aspects need to work together to generate the virtuous cycle of success. Simmons and Culkin’s book is a “must read” for those who want to explore how innovation and growth require so much more than just Open Trade.
-- Jukka Peltola, Serial entrepreneur in global media, consumer product and complementary medicine markets.
This forward-thinking book is innovative and exciting, Simmons and Culkin’s dare to imagine and envisage innovation by addressing the unanswered questions that we have all been asking. The book is an essential read for academics, researchers, policy makers and business leaders alike because it presents groundbreaking ideas on innovation and how we can drive economic growth in practical ways that are hard to ignore.
-- Professor Kiran Trehan, Pro-Vice-Chancellor for Partnerships and Engagement
With the United Kingdom’s Brexit transition in seemingly perpetual motion, Simmons and Culkin provide an easily-digestible menu of socio-economic historical context, assessment of contemporary structural stagnation of breakthrough innovation, and forward-looking positive proposals for recovery from Brexit by sustaining a knowledge economy. The authors have delivered a valuable academic text that is both accessible to the lay reader, and provides important insight for businesses, investors and policy makers. In particular, the focus on establishing disruptive innovation through harnessing partnership with academic researchers provides a practical framework to catalyse economic growth that benefits wider society.
-- Professor Darragh Murnane, Professor of Pharmaceutics and Deputy Director, The Centre for Doctoral Training in Aerosol Science
This is a great little book – aimed as a teach-in for undergraduates and others on what ‘free trade’ means (lots of different things it seems and you can take your pick!) and how, if done correctly, it could stimulate entrepreneurship and encourage growth [...] not only very informative but also at times quite entertaining.
-- Vicky Pryce, The Society of Professional Economists
Table of ContentsChapter 1. Introduction
Chapter 2. Before We Begin …Definitions
Chapter 3. The Menu – Differing Trade Theories
Chapter 4. The Aperitif 400 Years of Change;– Southwark and Cumulative Causation
Chapter 5. The Sorbet -Economic Background
Chapter 6. The Soup – Nationalism Popularism, Trade and Development
Chapter 7. The Seasoning? - The Anglosphere
Chapter 8. "Specials” – Innovation, Trade Growth and the Entrepreneur
Chapter 9. Main Course - Shocks, Trade & Growth
Chapter 10. Two Twists – Regulations and Monopolies
Chapter 11. Pause for Reflection, Britain in 1910
Chapter 12. Dessert Menu – Acquiring Resources to Support Innovation
Chapter 13. The “Digestif” Cumulative Causation
Chapter 14. Coffee and Conclusions
